Real Estate Investment Properties for Sale in Federal Way, WA

Looking for investment property in Federal Way, WA with high ROI ?

Explore a variety of short-term homes & houses in Federal Way, WA. Invest wisely with VRBO & Federal Way, WA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Federal Way, WA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
37558 30th Pl S Lot 40 Federal Way, WA 37514 30th Pl S Lot 62, Edgewood, WA 98003 \| Single Family Residential	3 beds \| 2 baths \| 1,870 sq.ft.	$724,950	Airbnb cash on cash: -1.01% Traditional cash on cash: 1.88% Airbnb Rental Income: $1285 Traditional Rental Income: $2835 Airbnb ROI: -1.01% Traditional ROI: 1.88%
2500 S 370 St #12 Federal Way, WA 2500 S 370 St #12, Edgewood, WA 98003 \| Manufactured Home	2 beds \| 2 baths \| 1,248 sq.ft.	$170,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 9.96% Airbnb Rental Income: $1246 Traditional Rental Income: $2026 Airbnb ROI: 2.7% Traditional ROI: 9.96%
37514 30th Pl S Lot 62 Federal Way, WA 37514 30th Pl S Lot 62, Edgewood, WA 98003 \| Single Family Residential	3 beds \| 2 baths \| 1,870 sq.ft.	$684,950	Airbnb cash on cash: -0.95% Traditional cash on cash: 2.24% Airbnb Rental Income: $1285 Traditional Rental Income: $2921 Airbnb ROI: -0.95% Traditional ROI: 2.24%
37558 30th Pl S Federal Way, WA 37558 30th Pl S, Edgewood, WA 98003 \| Single Family Residential	3 beds \| 2 baths \| 1,873 sq.ft.	$724,950	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.37% Airbnb Rental Income: $1285 Traditional Rental Income: $2928 Airbnb ROI: -0.77% Traditional ROI: 2.37%
36922 6th Ave SW Federal Way, WA 36922 6th Ave SW, Federal Way, WA 98023 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$165,000	Airbnb cash on cash: 9.79% Traditional cash on cash: 2.83% Airbnb Rental Income: $2559 Traditional Rental Income: $848 Airbnb ROI: 9.79% Traditional ROI: 2.83%
37639 30th Pl S Federal Way, WA 37639 30th Pl S, Edgewood, WA 98003 \| Single Family Residential	5 beds \| 3 baths \| 3,390 sq.ft.	$809,950	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.23% Airbnb Rental Income: $1896 Traditional Rental Income: $4105 Airbnb ROI: -0.36% Traditional ROI: 3.23%
37502 30th Pl S Federal Way, WA 37502 30th Pl S, Edgewood, WA 98003 \| Single Family Residential	3 beds \| 2 baths \| 2,065 sq.ft.	$694,950	Airbnb cash on cash: -0.76% Traditional cash on cash: 2.66% Airbnb Rental Income: $1285 Traditional Rental Income: $3095 Airbnb ROI: -0.76% Traditional ROI: 2.66%
372 xx 29th Ave S Lot 1 Federal Way, WA 372 xx 29th Ave S Lot 1, Edgewood, WA 98003 \| Other	N/A beds \| N/A baths \| N/A	$269,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.8% Airbnb Rental Income: $null Traditional Rental Income: $1141 Airbnb ROI: N/A Traditional ROI: 1.8%
37425 30th Pl S Lot 26 Federal Way, WA 37425 30th Pl S Lot 26, Edgewood, WA 98003 \| Single Family Residential	4 beds \| 2 baths \| 2,330 sq.ft.	$724,950	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.27% Airbnb Rental Income: $1818 Traditional Rental Income: $3271 Airbnb ROI: -0.44% Traditional ROI: 2.27%
0 XXX 2nd Ave SW Federal Way, WA 0 XXX 2nd Ave SW, Federal Way, WA 98023 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$294,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 1.59% Airbnb Rental Income: $2559 Traditional Rental Income: $1082 Airbnb ROI: 4.69% Traditional ROI: 1.59%
2500 S 370th St #162 Federal Way, WA 2500 S 370th St #162, Edgewood, WA 98003 \| Manufactured Home	3 beds \| 2 baths \| 1,380 sq.ft.	$169,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 11.1% Airbnb Rental Income: $1285 Traditional Rental Income: $2210 Airbnb ROI: 2.9% Traditional ROI: 11.1%
127 S 340th Street A Federal Way, WA Welcome to this well-maintained 2bd/1ba ground-floor home in Heritage Condos, ideally loca...	2 beds \| 1 baths \| N/A	$228,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 6.09% Airbnb Rental Income: $1066 Traditional Rental Income: $1889 Airbnb ROI: 0.57% Traditional ROI: 6.09%
2811 S 375th Pl Lot 11 Federal Way, WA 2811 S 375th Pl Lot 11, Federal Way, WA 98003 \| Single Family Residential	3 beds \| 2 baths \| 2,070 sq.ft.	$789,950	Airbnb cash on cash: -1.09% Traditional cash on cash: 1.61% Airbnb Rental Income: $1285 Traditional Rental Income: $2863 Airbnb ROI: -1.09% Traditional ROI: 1.61%
37514 30th Pl S Federal Way, WA 37514 30th Pl S, Federal Way, WA 98003 \| Single Family Residential	3 beds \| 2 baths \| 1,870 sq.ft.	$684,950	Airbnb cash on cash: -0.74% Traditional cash on cash: 2.16% Airbnb Rental Income: $1285 Traditional Rental Income: $2733 Airbnb ROI: -0.74% Traditional ROI: 2.16%
2811 S 375th Pl #CEXCXM Federal Way, WA	3 beds \| 2 baths \| 2,070 sq.ft.	$789,950	Airbnb cash on cash: -0.9% Traditional cash on cash: 1.81% Airbnb Rental Income: $1285 Traditional Rental Income: $2879 Airbnb ROI: -0.9% Traditional ROI: 1.81%
37309 29th Pl S Federal Way, WA 37309 29th Pl S, Federal Way, WA 98003 \| Single Family Residential	4 beds \| 2 baths \| 2,140 sq.ft.	$734,555	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.04% Airbnb Rental Income: $1818 Traditional Rental Income: $2946 Airbnb ROI: -0.3% Traditional ROI: 2.04%
37502 30th Pl S Lot 61 Federal Way, WA 37502 30th Pl S Lot 062, Federal Way, WA 98003 \| Single Family Residential	3 beds \| 2 baths \| 2,070 sq.ft.	$694,950	Airbnb cash on cash: -0.97% Traditional cash on cash: 2.1% Airbnb Rental Income: $1285 Traditional Rental Income: $2868 Airbnb ROI: -0.97% Traditional ROI: 2.1%
2119 S 371st St Federal Way, WA 2119 S 371st St, Federal Way, WA 98003 \| Single Family Residential	3 beds \| 2 baths \| 1,920 sq.ft.	$750,375	Airbnb cash on cash: -0.86% Traditional cash on cash: 1.59% Airbnb Rental Income: $1285 Traditional Rental Income: $2594 Airbnb ROI: -0.86% Traditional ROI: 1.59%

Real Estate investment in Federal-way, WA

There are 117 properties for sale in the city of Federal Way . The median list price in Federal Way is $295,000 and the average price per square foot is $162. In February 2026, the average monthly cash on cash return in Federal Way is 2.00%. The average monthly rental income in Federal Way is $2,849.

Federal-way, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 117 investment properties available for sale in Federal-way.

In 2026, the best neighborhood to buy investment property is Madrona.

The ROI for Short-Term is higher than the Long-Term in Federal-way with average rental income of $1,464.

Your search for investment property begins and ends here

Investment Property for Sale in Federal Way, WA

37558 30th Pl S Lot 40

Federal Way, WA

3 beds | 2 baths | 1,870 sq.ft.

$724,950

Airbnb cash on cash: -1.01%

Traditional cash on cash: 1.88%

Airbnb Rental Income: $1285

Traditional Rental Income: $2835

Airbnb ROI: -1.01%

Traditional ROI: 1.88%

2500 S 370 St #12

Federal Way, WA

2 beds | 2 baths | 1,248 sq.ft.

$170,000

Airbnb cash on cash: 2.7%

Traditional cash on cash: 9.96%

Airbnb Rental Income: $1246

Traditional Rental Income: $2026

Airbnb ROI: 2.7%

Traditional ROI: 9.96%

37514 30th Pl S Lot 62

Federal Way, WA

3 beds | 2 baths | 1,870 sq.ft.

$684,950

Airbnb cash on cash: -0.95%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $1285

Traditional Rental Income: $2921

Airbnb ROI: -0.95%

Traditional ROI: 2.24%

37558 30th Pl S

Federal Way, WA

3 beds | 2 baths | 1,873 sq.ft.

$724,950

Airbnb cash on cash: -0.77%

Traditional cash on cash: 2.37%

Airbnb Rental Income: $1285

Traditional Rental Income: $2928

Airbnb ROI: -0.77%

Traditional ROI: 2.37%

36922 6th Ave SW

Federal Way, WA

N/A beds | N/A baths | 0 sq.ft.

$165,000

Airbnb cash on cash: 9.79%

Traditional cash on cash: 2.83%

Airbnb Rental Income: $2559

Traditional Rental Income: $848

Airbnb ROI: 9.79%

Traditional ROI: 2.83%

37639 30th Pl S

Federal Way, WA

5 beds | 3 baths | 3,390 sq.ft.

$809,950

Airbnb cash on cash: -0.36%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $1896

Traditional Rental Income: $4105

Airbnb ROI: -0.36%

Traditional ROI: 3.23%

37502 30th Pl S

Federal Way, WA

3 beds | 2 baths | 2,065 sq.ft.

$694,950

Airbnb cash on cash: -0.76%

Traditional cash on cash: 2.66%

Airbnb Rental Income: $1285

Traditional Rental Income: $3095

Airbnb ROI: -0.76%

Traditional ROI: 2.66%

372 xx 29th Ave S Lot 1

Federal Way, WA

N/A beds | N/A baths | N/A

$269,500

Airbnb cash on cash: N/A

Traditional cash on cash: 1.8%

Airbnb Rental Income: $null

Traditional Rental Income: $1141

Airbnb ROI: N/A